Yes. Mr. Molecule I believe the same. The shadow banking system has wrecked the system by levering everyone to the gills. And the attempt to keep the last few life boats inflated is just not going to be enough for everyone to pile into. The only way people are spending any mony on big purchases is if dramatic price cuts are given, which are being given jsut to dump the liabilty off the company balance sheet, aka deleveraging. It's making people think that shit is moving again. But this is like a stagnant pond having a rock thrown in to make it move, eventually if you stop throwing rocks, the pond returns to stagnant and the shit bubbles back to the surface to float on top. We are running out of rocks.
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